The
Dow Jones
Industrial Average (DJIA) iscomposed
of 30 of
the biggest companies in
the U.S.A. Although, only 30
stocks, the investment community tends to relyon these
30 stocks for an idea of where the market is heading. Below is a list of
the DOW 30
with the 52 week daily trading high and the percentage difference from
that high

Weekly
Close --

08/11/2017

21,858.32

-- Weekly
closing difference

-234.49 (-1.06%)

52
Week/All time-- Closing High

08/07/2017

22,118.42

-- A
discount from the 52 week high of

-260.10 (-1.18%)

52 Week
Closing Low --

11/04/2016

-17,888.28

-- A gain
to the weekly close of

3970.04 (22.19%)

Year End
Close --

12/30/2016

19,762.60

-- A
difference to the weekly close of

2095.72 (10.60%)

As
of the close of last week the total of theDow Jones Industrial
Average of 30 stocks it'swere carrying an
"average discount" from the 52 week
"trading" high of (-6.27%)Previous weekly
close (-5.23%) Change (-1.04%)

The record "low" discount is - 2.87% on 1/8/2010

The record "high" discount is - 52.76% on 11/20/08Previous
record high discounts

High Discount

Date set

- 38.82%

09/21/01

- 39.39%

10/09/02

- 46.49%

10/10/08

- 47.21%

10/24/08

- 49.96%

11/19/08

Closing under the -06% discount might be bullish for the near-term. There is support at the -05%level with with next support at the -07%, a slight support/resistance level

Also, looking at the chart below if it falls under the -7% level the market could be in trouble

Dow Jones
Industrial Average stocks

The
table below shows the current
price, the
52 week high and date of high,
the %discount
from the high and
thedate the 52 week high
will expire again!